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Press release from GlobeNewswire (a Nasdaq OMX company)

Syntel's Board of Directors Declares Regular Dividend

Wednesday, December 07, 2011

Syntel's Board of Directors Declares Regular Dividend05:00 EST Wednesday, December 07, 2011TROY, Mich., Dec. 7, 2011 (GLOBE NEWSWIRE) -- The Board of Directors of Syntel (Nasdaq:SYNT) has declared a regular quarterly dividend of six cents ($0.06) per share, on Syntel's common stock, payable on January 13, 2012 to holders of record at the close of business on December 30, 2011.About Syntel Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2008 certified. As of September 30, 2011, Syntel employed more than 18,000 people worldwide. To learn more, visit us at: www.syntelinc.com/.Safe Harbor Provision This news release includes forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2010, the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2011, or from other factors not currently anticipated.CONTACT: North America/Europe: Jon Luebke, Syntel 248/619-3503, jon_luebke@syntelinc.com AsiaPac: Suruchi Sharma, Syntel +91 9833691415, suruchi_sharma@syntelinc.com